CADBURY NIGERIA PLC Company Profile

CADBURY NIGERIA PLC

The origin of Cadbury Nigeria plc dates back to the 1950s when the business was founded as an operation to source cocoa beans from Nigeria and as a precursor to enable the company’s founder to tap opportunities for serving the local consumer market with the famous, Cadbury-branded products. Cadbury was formerly known as Cadbury and Schweppes is a British multinational confectionery company fully owned by Mondelez internationally (originally Kraft foods since 2010.since 2010 it has become the second largest confectionery brand in the world after mars.
 
In the early 1960s, an initial operation was established to re-pack imported bulk products. This packing operation grew rapidly into a fully-fledged manufacturing operation and resulted in the incorporation of Cadbury Nigeria Limited in January 1965. In 1976, the firm became a publicly listed company with shares traded locally on the Nigerian Stock Exchange.
 
Introduced in 1960, Cadbury Bournvita, the company’s flagship brand, was initially imported and re-packed locally on the current site at Agidingbi, Ikeja Lagos. Having consolidated the Food Drinks market in Nigeria, Cadbury Bournvita became in 1965 the first Food Drink to be locally manufactured. Cadbury Bournvita was relaunched in a World Class, Environmentally Friendly Polypropylene January in 2011 and remains today a market leader in the Food Drinks category. In 2013, the Nutrition Society of Nigeria (NSN) endorsed Cadbury Bournvita as a Food Drink rich in energy and essential micronutrients, the only Food Drink Brand to be so endorsed. The company has been in existence for 197years.
 
 
Cadbury Nigeria also developed other product-categories, most notably Candy. Introduced in 1970, Tom-tom, which has sustained market leadership for over 40 years–remains the most iconic brand in the Nigerian Candy market. It now comes in three variants: Classic, Honey Lemon and Strawberry. The other brand in the company’s Candy are Trebor, Buttermint, In 2012, the company expanded its product categories in Nigeria when it launched Tang, the global leader in powdered beverages
 
Cadbury Nigeria owned 99.66% equity in Stanmark Cocoa Processing Company Limited, located in Ondo Town in Ondo State, Nigeria. The Company provides all the cocoa powder required for manufacturing Cadbury bournvita Starmark Cocoa Processing Company Limited.
 
Cadbury dairy milk (CDM) was the first chocolate bar to have higher milk content than the earlier ones when it launched in 1905.back in 2015 Cadbury products including the iconic crème egg, was banned from being imported into the united states, it started when Hershey chocolate corporation filed a lawsuit alleging that Cadbury copied Hershey chocolate egg recipe of theirs that already existed
 
 
In 2019, oyeyimika Adeboye became the first woman to be appointed by Cadbury Nigeria plc.